Chapter 542 System Auction (2)

The scale of this auction was unlike any other auction Rudra had ever witnessed , as he saw hordes and hordes of humans flooding the lower booths of the auction house as he estimated there to be nearly 70-80 k guild leader of third and second rate guild who had participated in this auction who sat in these lower seating area

The competition for these guys was going to be the most Fierce and the most unfruitful , as there would be hardly 20-30 items that would fall into the laps of those in the lower seating area and estimated 70-80 thousand people bidding for it.

Hence the difficulty of obtaining one at a suitable price was just that much more difficult , as it was practically impossible to buy an item without overpaying for it when seated at the lower seats , negating the profit for entering this event to 0.

Even then obtaining a single item in the auction regardless of what was obtained would skyrocket the guilds share price the next day , as the share market was exactly such an unpredictable place , that fluctuated violently for the small cap guilds over the slightest of news.

This was why despite knowing the downside , those 80k guilds still competed with each other fiercely for even getting a single item!

The scene however completely changed once one got to the upper levels of the auction.

The upper levels and the gallery were usually filled with either extremely prominent solo players or adventurer parties or first rate guild leaders.

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These were the people who maximized profits from the auction as they could easily outbid the lower seating players with their deep pockets , reigning supreme over low grade items.

However , the profit derived from these items could easily propel their small party to new heights , which was why the trade was extremely profitable for them.

After the gallery came the VIP boxes.

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